Updated Dec 2, 2024
Rexford Industrial Acquires Development Site In Santa Fe Springs For $34M
13711 Freeway Drive, Santa Fe Springs, California 90670, United States
$34,000,000
Building Size
—
Asset Type
Development Site
Closing
Jun 29, 2022
About this deal
AI
A development site located at 13711 Freeway Drive in Santa Fe Springs has been sold for a price of $34,000,000. The property spans 5.0 acres and is situated in the Santa Fe Springs market. The transaction took place on June 30, 2022.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $34,000,000
- Address: 13711 Freeway Drive
- Market: Santa Fe Springs
- Acres: 5.0
Rexford Industrial, represented by Patrick Schlehuber, acquired the development site. The purchasing process was facilitated by Jordan Lara from DAUM Commercial Real Estate Services.
On the Map
$34,000,000
Development Site
View full map
Players
Santa Fe Springs Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse California development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93